Lindt reached record annual sales this morning, surpassing CHF 3bn for the first time - surprising growth given cocoa price hikes and a tough market, an analyst says.
Gluten-free bakery still offers plenty of opportunity in Europe, but beer, pizza and prepared meals are the most untapped segment of the cereal-containing products, according to a Mintel analyst.
As UK dairy player, Dairy Crest, indicates it is ready to flog off its jewel in the crown - St Hubert - a food industry analyst reckons Groupe Lactalis is the likely buyer.
Prolonged drought in northern Europe has already capped yields of cereals and sugar beet and, without significant rainfall over the next two months, could significantly boost prices, warn analysts.
Many consumers around the globe are turning away from meat as health, price and ethical concerns grow. But the latest market research indicates that meat substitutes are failing to pick up the slack.
The European beverage industry will find strength in variety in its attempts to offset the impacts of the current economic downturn, according to a new report.
Innovation in the use of functional ingredients and packaging is expected to dominate worldwide growth in the confectionery market, according to a new report.
High costs and market maturity make food starches a tough
proposition, says analyst, but there are some clear opportunities
since starch is critical in creating diet products with appealing
taste and texture.
Makers of snacks and crisps need new ways to tempt consumers as
competition from alternative healthier snack products start to
erode sales in Europe's biggest market, the UK.
Number one global flavours and fragrance player Givaudan is feeling
the weight of acquisitions, currency conversions and higher raw
material costs, taking a SF68 million (€43m) charge in 2003 and
axing 300 jobs.
